Riot Platforms shares jump 20% premarket after $9.1B Anthropic power deal

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Bitcoin mining firm Riot Platforms saw its shares surge 20% in pre-market trading following the announcement of a major deal with AI company Anthropic. The agreement, valued at $9.1 billion, is structured over a 20-year term. The deal signals Riot's strategic pivot toward generating revenue from artificial intelligence infrastructure. This move reflects a broader trend in the industry, with crypto miners increasingly repositioning their energy and computing assets to serve the growing AI sector.

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